IDH Sustainable Trade Initiative launches a fund for smallholder farmers finance

AFRICA – IDH Sustainable Trade Initiative, in coalition with Unilever, Jacobs DE, Mondelez and Rabobank, has launched the world’s biggest-ever impact fund for smallholder farmers finance. Starting with US$110.82 million, the IDH Farmfit Fund is […]

Mondelez partners The Hatchery Chicago to lead innovation in snacking

USA – Mondelez International has partnered with the American food business incubator, The Hatchery Chicago to enhance innovations in snacking based on the changing consumer tastes and preferences. The partnership is part of the SnackFutures, […]

Mondelez buys minority stake in US functional foods firm Uplift Food

USA – Mondelez International has announced that it has acquired a minority shareholding in US-based functional foods brand, Uplift Food for an undisclosed amount. The investment is part of the company’s SnackFutures, innovation and venture […]

Mondelez International plans to move headquarters to Chicago

USA – Mondelez International has unveiled plans to move its corporate headquarters from Deerfield, Illinois to Chicago in April 2020. The company which makes Oreo, Ritz, Triscuits and other brands will move its 400 employees […]

Mondelez net revenue slides 3.7% despite strong performance in emerging markets

USA – Mondelez International’s reported a 3.7% decline in net revenue despite strong performance from emerging markets which saw 5.4% growth in organic net revenues in the third quarter. In emerging markets, growth was driven […]

Mondelēz International commits to making all packaging recyclable by 2025

USA – Mondelēz International, an American multinational confectionery, food, and beverage company, has announced a new commitment to make all packaging recyclable and provide recycling information by 2025. According to the company, it will work […]

Mondelez adopts contingency plans as businesses prepare in case of a hard Brexit

EUROPE – Mondelēz International, owners of the iconic British chocolate brand Cadbury’s, has begun stockpiling ingredients and finished products like chocolates and confectionery to avoid the potential pitfalls of a no-deal Brexit scenario. According to […]

Mondelez International reports significant progress against the 2020 impact goals

USA – Mondelēz International, an American multinational confectionery, food, and beverage company, has reported important progress against its 2020 impact goals in its 2017 Impact For Growth Progress Report recently released. According to the company, […]

Mondelēz International reports 2.1% revenue increase in second quarter results

NEW ZEALAND – Mondelēz International, Inc., has reported 2.1% increase in net revenues, with organic net revenue growth of 3.5% in its second quarter 2018 results. According to the company, the operating income margin was […]

Mondelez president Valerie Oswalt to join Century Snacks as CEO

USA – Mondelez, an American multinational confectionery, food, and beverage company, has announced that Valerie Oswalt, president of North America Confections, is joining Century Snacks as CEO. Century Snacks is an American premier snack food […]